The internet has challenged the traditional news publisher business model by increasing competition for audiences and advertising revenue. Publishers have responded by seeking revenue transfers from the large, profitable digital platforms including Google and Meta's Facebook. But the loser in an...

Previous literature has suggested that newspaper publishers should optimize how they advertise their online subscriptions. However, empirical findings on the effectiveness of advertising messages in increasing people’s willingness to pay for such online subscriptions are still rare. Therefore,...

This research examines the impact of the Covid-19 pandemic on the newspaper business model innovation (BMI). The results of this study prove that the impact of the pandemic has a positive effect on BMI. The impact of the pandemic has also been shown to have a positive influence on newspapers...

Does media coverage of a firm have a causal effect on the volatility of its stock price and, if so, is this of aggregate importance? This paper identifies a robust link between media coverage in the Financial Times print newspaper and a firm's intra-day stock price volatility. This effect is not...

This paper quantifies mainstream media coverage of Bitcoin to understand how a once niche interest entered public culture. From 2011 to 2022, five key narratives are identified as criminality, culture, politics, price and technology. Price, politics, and culture have become more prominent in...

Does media coverage of a firm have a causal effect on the volatility of its stock price and, if so, is this of aggregate importance? This paper identifies a robust link between media coverage in the Financial Times print newspaper and a firm’s intra-day stock price volatility. This effect is...